A bond with a credit rating of AA is riskier than a bond with a credit rating of A.

Name: A bond with a credit rating of AA is riskier than a bond with a credit rating of A.
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

A bond with a credit rating of AA is considered to be of higher quality and has a lower risk of default than a bond with a credit rating of A. Thus, a bond with a credit rating of A is riskier than a bond with a credit rating of AA.

A Bond with a Credit Rating of AA Is Riskier